Cost to buy house

[Anonymous]

I just closed on a home a couple of days ago. Was lucky enough to get the downpayment assistance program, seller payed 3% downpayment @15,000.00. Seller also payed the 11,000.00 closing costs and all fees associated with FHA loan. DPA program is over as of Oct.1. I only had to pay the inspecton and appraisal fees and about 500.00 for some bs escrow cost. My FICO is only about 660 with checkered credit history. Let’s say I’ve matured in the past few years:) The taxes and insurance you mentioned is about right.

[OwnerOfCalifornia]

Slightly off topic, and I know it’s been asked before but I can’t find it…

How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.

This is a general question, not specific to San Diego. Thanks.

[OwnerOfCalifornia]

Slightly off topic, and I know it’s been asked before but I can’t find it…

How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.

This is a general question, not specific to San Diego. Thanks.

[OwnerOfCalifornia]

Slightly off topic, and I know it’s been asked before but I can’t find it…

How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.

This is a general question, not specific to San Diego. Thanks.

[OwnerOfCalifornia]

Slightly off topic, and I know it’s been asked before but I can’t find it…

How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.

This is a general question, not specific to San Diego. Thanks.

[OwnerOfCalifornia]

Slightly off topic, and I know it’s been asked before but I can’t find it…

How do I find out what loans currently exist on a property, or were originated when the property was purchased? We have sdlookup, zillow, etc. for sales history and sdtreastax for property tax info, but I often see people here post existing loan amounts on specific properties.

This is a general question, not specific to San Diego. Thanks.

[HLS]

It’s an impossible question to answer without facts.
In general, closing costs are around 2% of the loan amount, to get the best rate.
(In addition to your down payment)
Part of that might come from the seller, but you are paying for it in the long run.

The higher your interest rate is, the lower your fees should be.
You also have the option to pay a fee and get a lower rate for the life of the loan.

Rates can change every day and often do.

You need to find someone who knows what they are talking about and explain the facts to you.

Loans with 3% and 5% down ARE still available, for those that qualify.
Not in your best interest, but available courtesy of the US GOVT.

[HLS]

It’s an impossible question to answer without facts.
In general, closing costs are around 2% of the loan amount, to get the best rate.
(In addition to your down payment)
Part of that might come from the seller, but you are paying for it in the long run.

The higher your interest rate is, the lower your fees should be.
You also have the option to pay a fee and get a lower rate for the life of the loan.

Rates can change every day and often do.

You need to find someone who knows what they are talking about and explain the facts to you.

Loans with 3% and 5% down ARE still available, for those that qualify.
Not in your best interest, but available courtesy of the US GOVT.

[HLS]

It’s an impossible question to answer without facts.
In general, closing costs are around 2% of the loan amount, to get the best rate.
(In addition to your down payment)
Part of that might come from the seller, but you are paying for it in the long run.

The higher your interest rate is, the lower your fees should be.
You also have the option to pay a fee and get a lower rate for the life of the loan.

Rates can change every day and often do.

You need to find someone who knows what they are talking about and explain the facts to you.

Loans with 3% and 5% down ARE still available, for those that qualify.
Not in your best interest, but available courtesy of the US GOVT.

[HLS]

It’s an impossible question to answer without facts.
In general, closing costs are around 2% of the loan amount, to get the best rate.
(In addition to your down payment)
Part of that might come from the seller, but you are paying for it in the long run.

The higher your interest rate is, the lower your fees should be.
You also have the option to pay a fee and get a lower rate for the life of the loan.

Rates can change every day and often do.

You need to find someone who knows what they are talking about and explain the facts to you.

Loans with 3% and 5% down ARE still available, for those that qualify.
Not in your best interest, but available courtesy of the US GOVT.

[HLS]

It’s an impossible question to answer without facts.
In general, closing costs are around 2% of the loan amount, to get the best rate.
(In addition to your down payment)
Part of that might come from the seller, but you are paying for it in the long run.

The higher your interest rate is, the lower your fees should be.
You also have the option to pay a fee and get a lower rate for the life of the loan.

Rates can change every day and often do.

You need to find someone who knows what they are talking about and explain the facts to you.

Loans with 3% and 5% down ARE still available, for those that qualify.
Not in your best interest, but available courtesy of the US GOVT.

[Author]

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